What's Happening in the Stock Market?

Merrick Garland: We had inflation with economic contraction at the same time, which was supposed to be basically impossible under Keynesian understanding of economics. He says smart money will start pumping the market up, buying to artificially inflate the price, and then they'll try and jump out first before the price crashes. "The thing about a bubble is it's only really bad for you if you're not the first guy out of the market," he says.